Minneapolis — The US economy notched another solid month of job growth, with an added lift from actors and autoworkers coming off the picket lines. One-time boostsThe largest employment gains last month came in health care and government, which added an estimated 93,200 and 49,000 jobs, respectively. Additionally, the resolution of the Screen Actors Guild strike against Hollywood studios resulted in 17,200 jobs added in the motion picture and sound recording industries. What this means for the FedNovember’s job growth was stronger than October’s unrevised tally of 150,000 jobs added. Through November, the economy has added an average of 232,000 jobs per month — far more moderate growth than 2022 and 2021, when an estimated 399,000 and 606,000 jobs were added every month, respectively.

Source: CNN December 08, 2023 14:42 UTC